HomeMy WebLinkAbout0640 intereet at the rate provided riere~i for w?tured obLtgationay hdwemer, it i~ e.xpa~eesly
underatood anci agreed that the holder of such iqdebtedneea ie under no obllgation
to da so, eacept at its oxn election~ axid failure on the part oi such holder to
take any action hereunder ahall not con~t3tute a xai~rer of further breachee of auah
co~ena~nta; it is f~irther co~renanted and agreed by the aaid Martgagor tha~t he v311 not
mine os cause, authoriae or per~it auy Rin3ng of phoap~te, lizeerock, li~eeto~e, cla?,
aand, oil, petrolewa or any ot,?ier e~~.eteral on t2ze lands secured by thia ~rtgage
W~.thout the prior xx~itten aonaent of the Mortgagee and arny violation c,f this aovenant
ahall gi~e the aai,d Martg~gee tlie option ta declare a dtfault on aaid eortgage aY9d
accelerate the prin~ipal balance due on the Note hereby eecured, together rrith ar~
other righte 3n csse of default as otherwise provided in thia instrument.
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